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siskin

Interim Review Of The Home Report System In Scotland

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These are the findings of the study reviewing progress in meeting the Home Report's stated policy objectives during its first year of operation. It considers views on the content of the home Report, its effect on the process of buying and selling a home, and its wider impacts on the housing market.

The official view on what effects the introduction of home reports may have had on the Scotland property market.

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Votes please;

The HR is paid for by the seller. If the property remains on the market for 12 weeks or more, the buyer, their agent or their lender can call for a refresh of the HR.

There's nothing in the HR legislation which specifies who should pay for this refresh, so - should it be paid for from the buyer's side, since they're asking for the refresh, or by the seller, since they paid for the HR in the first place?

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Votes please;

The HR is paid for by the seller. If the property remains on the market for 12 weeks or more, the buyer, their agent or their lender can call for a refresh of the HR.

There's nothing in the HR legislation which specifies who should pay for this refresh, so - should it be paid for from the buyer's side, since they're asking for the refresh, or by the seller, since they paid for the HR in the first place?

When the HR was introduced the legislators said the 'market would decide' so they passed the buck.

The market seems to have decided the Seller is paying in the majority of cases. Usually the seller is so relieved to get a sale that they are not going to rock the boat for an average £100 for a refresh. It might be different if you had to pay the full price again.

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  • 245 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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